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In this paper, we elaborate on an idea initially developed by Weitzman (1998) that justifies taking the lowest possible discount rate for far-distant future cash flows. His argument relies on the arbitrary assumption that when the future rate of return of capital (RRC) is uncertain, one should...
Persistent link: https://www.econbiz.de/10010298643
Equal treatment for the present and the future was required in two axioms introduced in the articles by Chichilnisky of the years 1996 and 1997. These articles provide a characterization of the decision criterion that satisfies the axioms and shows that the two axioms are equivalent to physical...
Persistent link: https://www.econbiz.de/10010298816
Dieser Artikel basiert auf einem Blog-Beitrag für Data & Policy, einem Open-AccessJournal, das Forschungsergebnisse, Fallstudien und Diskussionen über die Auswirkungen von Data Science auf Politik und Führung veröffentlicht. Er nimmt die derzeitige Corona-Pandemie zum Anlass, wichtige Fragen...
Persistent link: https://www.econbiz.de/10012268158
In diesem Beitrag wird die Repräsentativität der deutschen Biosphärenreservate diskutiert. Die Nachhaltigkeitsziele der Vereinten Nationen dienen dafür als theoriegeleiteter Analyserahmen. Deutschland erreicht derzeit einen Anteil von rund 16 Prozent der Landfläche, die unter striktem...
Persistent link: https://www.econbiz.de/10012290424
The certification of Malaga and Ronda wine route, within the model of certified wine routes in Spain, has given a new boost to wine tourism in Malaga. The study focuses on La Axarquía, located on the Eastern Costa del Sol in Southern Spain, which has been a reference point in the wine business...
Persistent link: https://www.econbiz.de/10013199767
Persistent link: https://www.econbiz.de/10014334688
Der zunehmende Einsatz von Anlagen zur Bewässerung sowie mangelnde Erfahrungswerte und Unkenntnis über den richtigen Einsatz der künstlichen Bewässerung haben in den letzten Jahrzehnten zu einer massiven Zunahme der Versalzung des Bodens geführt. Durch diese Bodenversalzung werden weite...
Persistent link: https://www.econbiz.de/10011693410
The basic objective of this study was to investigate and explore the relationship between major food crops of China and their relationship with agricultural gross domestic product (GDP) using an econometric analysis. Agriculture is considered an important sector of the Chinese economy as it...
Persistent link: https://www.econbiz.de/10011988746
In most developing countries non-irrigation status often dominates adoption of traditional and modern irrigation … technology. In this paper, we study the effect of production risk on irrigation technology choice among small-scale farmers in …, receiving extension services, and living in communes with more adopters are more likely to use modern irrigation techniques …
Persistent link: https://www.econbiz.de/10011994313
farmers. The results indicate that land system variables contribute to the willingness to cooperate in irrigation management … time and effort in irrigation infrastructure, which is decisive for Tajikistan’s food and fiber production. Irrigation … variable of an irrigation system; or (2) by adding a land resource unit and system outside the irrigation system. …
Persistent link: https://www.econbiz.de/10011749164